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KJP
- RECOMMENDING PETRONET LNG FOR LONG TERM. GOOD ENTRY LEVEL AROUND Rs. 60.
- MTNL GOOD ENTRY AROUND Rs. 100.
- SHREE RENUKA - BUY BETWEEN Rs.95-100 RANGE.
- BIRLA COTSYN - BEST BUY OPTION AT Rs. 9.50.
-LGB FORGE - WAIT & BUY AT AROUND Rs. 3.50 (MAX 5000 Nos.)
- MTNL GOOD ENTRY AROUND Rs. 100.
- SHREE RENUKA - BUY BETWEEN Rs.95-100 RANGE.
- BIRLA COTSYN - BEST BUY OPTION AT Rs. 9.50.
-LGB FORGE - WAIT & BUY AT AROUND Rs. 3.50 (MAX 5000 Nos.)
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Messages From KJP
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20 Aug 2008 21:16
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Who is the expert? God alone knows. Cannot trust any one here. Some work for MFs, some for FIIs and some others for operators and brokers. So only follow the advices of people whom you know very well. If it is investor, broker or analyst no problem, but you should know them personally. Self assessment is not a mistake, but it may take some time to develop skills in analysing. I have seen many stocks being recommneded by the so called experts only after giving the first oppotunity to their interested parties. After a week or two you may see some recos on Petronet LNG and MRPL. As per me this is the right time to buy these stocks. Petronet LNG was avaliable below 60 which was the best time to enter. Still it is not too late. Apollo tyres was below 30 for a two three weeks and no one recommended at that time. Now its above 35 and recos started coming now after smart people accumulated below 30 levels. Genesys was availbe at 90 levels for more than one month. Now after it crossed Rs. 130, I have seen a reco from an expert saying that it will touch 200. Now you decide what to do and what not to do. It is best to go based on you own judgements and work hard for one or two years and learn as much as possible about the trend of the market and various stocks. You can do it yourselves, I am sure....
20 Aug 2008 17:23
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Dear teamsr, Thanks for your views. I have not yet taken position in Landmark. Hope you have noticed the upsurge in OCL Iron & Steel on 18/08/08 which is also their Group Company. It performed much better than Land mark. I was watching it going down to Rs. 11 (by 7%)or so and then moved up steadily to cross Rs. 16. I was expecting a big fall next day, but it did not happen. Stock is today trading at Rs. 16. OCL India at current levels looks like a good buy. I am watching all three. Regds........KJP...
20 Aug 2008 16:57
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20 Aug 2008 16:22
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The new trend in the market is instant profit booking after a rise of 15-20%. This was not the case last year and thats why stocks were reaching new highs all the time. Long term investors also now changed their approach due to the market inconsistency. As you will find most of the front line stocks are still 50% down from their all time highs, which is very disappointing in the long term investment view. Amara Raja should be trading above 150, but only when market stabilize we could see good upsurge in this stock. ...
20 Aug 2008 11:16
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As per news appearing in a leading Gulf daily, MRPL secured huge orders from Iran for supply of diesel. Production facilities in Iran is suffering due to obsolte plant and machinery and cannot meet the demand through local production. MRPL already has splendid results in Q1, and dont get surprised if this stock cross Rs. 100 within the next six months. Good buy at current level....
19 Aug 2008 22:50
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The resson for the outburst was not because I am holding SEL.I hold only a negligible qty, bought after the start of the LC, in order to get a feel of the stocks performance. This is very helpful to know more about not so familiar stocks and my such trial purchases will be always for less than Rs. 5000=00. Only if I get confidence, I invest big amounts....
19 Aug 2008 22:32
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This stock behaves in a very different way and it keeps people guessing through out the day. The volumes are always very very high and as per todays trend, if someone say it is circular trading, then we cant dispute. But what about y/day and the second day when on LC. The delivery position remains to be too low, today also. Anyways I am not buying now. Holding a negligible qty, which I bought to get a real feel of this stocks movement and even if it goes down, it will not have any impact in my portfolio....
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